The amount that must be paid to an individual to get them to invest in the industry is
A. reinvestment.
B. financial capital.
C. the explicit costs.
D. a normal rate of return.
Answer: D
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Any combination of two goods that lies beyond the production possibilities frontier
A) is currently impossible to produce. B) is currently possible to produce, but not worth trying. C) represents economic waste. D) represents a more efficient combination of output than anything lying on the frontier.
The main proponent of the conservative view on poverty is
A. William Julius Wilson. B. Barbara Ehrenreich. C. Charles Murray. D. Nicholas Lemann.
One of the primary causes of the banking collapse in the 1930s was ______.
a. artificial inflation of the housing market b. depositor fears resulting in bank runs c. the collapse of Lehman Brothers d. very high reserve requirements set by the FOMC
Refer to the above payoff matrix (in years of sentence) for two people (A and B) charged for robbery. Which of the following is the outcome of the dominant strategy without cooperation?
A. A confesses while B does not confess. B. A does not confess while B confesses. C. Both A and B confess. D. Both A and B do not confess.